Technology
Financial industry reforms place too much emphasis on risk control systems, missing the importance of influencing people's behavior, says Stephen Platt, author of "Criminal Capital: How the Finance Industry Facilitates Crime." He also discusses why clawbacks of banker pay, bonus caps and large fines against institutions that fail to deter to reckless conduct.
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Stephen Platt, regulatory investigations consultant and author of "Criminal Capital: How the Finance Industry Facilitates Crime," explains his misgivings about the idea of a shared know-your-customer registry for the industry.
February 4 -
Chief information officers discuss their institutions' biggest challenges, the emerging technologies that excite them the most, investment plans for 2015 and more at the FinTech Forward pavilion at the BAI Retail Delivery show.
November 13
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Nacha CEO Janet Estep discusses how her organization polices bad actors on the automated clearing house network, why it doesn't single out specific merchant categories as risky, and how nudging the industry toward "push" payments will help.
November 10 -
Jan Estep, president and CEO of Nacha, discusses the organization's revised proposal to speed transactions on the automated clearing house network and how it improves on the plan that member banks voted down two years ago.
November 4 -
Wearable computing is suddenly in style. Only a few banks and payment companies offer wristbands, smartwatch apps or Google Glass technology, but those that do are getting valuable feedback from consumers.
August 8 -
More merchants are interested in accepting payments on tablets and phones, and they have many choices of providers. What are banks and vendors doing to set themselves apart?
July 16 -
More merchants are interested in accepting payments on tablets and phones, and they have many choices of providers. What are banks and vendors doing to set themselves apart? (Image: ShutterStock)
July 16 -
Twenty years ago, the decentralized open architecture of the Internet was inspiring entrepreneurs worldwide to build products and services while skeptics rolled their eyes and wondered why anyone would want to use this slow, rudimentary, obscure technology. Jeremy Allaire, a veteran of the early Web days and now the CEO of startup Circle Internet Financial, sees parallels between that era and the current state of digital money.
July 15 -
PSO contentBluetooth beacons are finding their way into retail stores and bank branches as a way to enable mobile payments and streamline customer interaction. But are they too intrusive?
March 12
